1709 Walter Street Se, Albuquerque, NM 87102

$295,000
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New to the Market Active
BEDS2 BATHS SQUARE FEET1,219 MLS#1108732
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONEastern Add

Property Description

Investment opportunity with built-in income and exciting future flexibility. This updated two-unit property offers options to maintain as a fully occupied rental, potentially occupy one unit while renting the other as leases permit, or explore a future multigenerational living arrangement. The front studio is leased at $775 through 11/30/26, and the rear 2BR/1BA is rented month-to-month at $1,320, producing current gross income of $2,095/month. Recent improvements completed from 2022-2026 include ductless heat-pump systems, sewer-line work, Unit B electrical-panel and gas-line upgrades, Unit A metal roof, tankless water heater, insulation, kitchen and bath updates, flooring and xeriscaping. Gas and electric are separately metered and tenant-paid; owner pays water, sewer and trash. Four confirmed off-street parking spaces plus potential additional tandem parking. City certification dated 5/2/22 supports the existing two-unit use as legally nonconforming. Both units occupied. APOD in docs, rent roll available. Buyers should independently confirm square footage, zoning and permitted use, financing eligibility, lease terms, parking configuration, and whether the property suits their intended use. Also listed as Residential, SWMLS #1108825.

1709 Walter Street Se | MLS# 1108732

This multi-family property located at 1709 Walter Street Se, Albuquerque, NM 87102 is currently listed for sale with an asking price of $295,000. Search Albuquerque real estate on wcalvert.cblegacy.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Ductless, Heat Pump, Refrigerated
Heating: Ductless, Electric, Heat Pump
Lot Size: 0.13 Acres
Stories: 1.0
Taxes: $2,575
Year Built: 1930

Amenities

Landscaping
Lighting

Feature Descriptions

Appliances: Free-Standing Gas Range, Refrigerator, Range Hood
Days on Site: 2
Exterior: Stucco
Flooring: Carpet Free, Tile, Vinyl
Laundry: Washer Hookup, Dryer Hookup, ElectricDryer Hookup, In Unit
Lot Dimensions: 40.01 Rear /Alley
Parcel#: 101405644828610509
Units: 2
Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

Listed By / Shown By

Listed By

Agency Name: Realty One Group Concierge
Agency Phone: (505) 318-1111

Shown By

Agent Name: Wende Calvert
Agent Phone: (505) 452-6934
Agency Title: Coldwell Banker Legacy

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Estimated Payment

$ 957.17 per month $656.54 Principal & Interest $214.58 Property Tax $86.04 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 08/09/2026. The listing information on this page last changed on 08/09/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 08/09/2026 7:07:53 AM EST) or SWMLS (last updated Sun 08/09/2026 5:41:07 AM EST) or Santa Fe MLS (last updated Sun 08/09/2026 12:14:05 AM EST). Real estate listings held by brokerage firms other than Coldwell Banker Legacy may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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